Over the past two to three years, tower crane (TC) rental market has witnessed a nonstop down ward slump, most significantly driven by slowdown in realty sector. However, some market analysts and the rental players optimistically foresee a slight recovery mainly attributed to increased demand from commercial and industrial sectors, while others are highly pessimistic.

Used equipment market is the Tier II selling platform for infrastructure equipment in India. A sneak peek into the market trends of this segment. To begin with, used equipment segment is a highly disorganised sector.

Tricky times call for strong strategies but the long term prospects are bright for financiers with staying capacity, finds Charu Bahri. Demand for construction equipment finance has been down for the last few years.

Despite a prolonged dip in demand for the last three years the power sector, especially wind mills and renewed focus on infrastructure, and core sectors like cement and steel are expected to drive the demand for heavy duty cranes.

Safety is paramount in construction equipment and their users. Following the international trend of according utmost importance to safety consciousness lead by DuPont and others many reputed Indian companies like L&T, HCC, etc.

Among the major global markets for construction equipment, the demand of construction equipment in China suffered a steep decline after peaking in 2011. This trend continued in 2014; however, future demand forecast is expected to be stable.

India is well endowed in terms of most minerals and the country´s mining sector has great potential. While demand for commodities has been strong, supply has been constrained. This has resulted in increased import.